Alden D Smith
New member from Houston Texas
18 May 2016 | 3 replies
This is a place to learn, share, get custom feedback to your questions and network.
Angie Downs
Complicated situation
30 May 2016 | 3 replies
If you guys paid cash for the property & want to avoid borrowing funds, but need money to pay the contractor & start producing income, then you could possibly do a lease option (aka rent to own) allowing the tenant/ buyer to choose design elements or have input on the design (so that they feel they're getting some kind of customization & added value), this would be of course AFTER collecting an NROC fee, (Non-Refundable Option Consideration - not a down payment but gives them the right to purchase at a future date - usually 3-5 yrs) typically anywhere between 5%- 10% of the market value of the property.
Tim Jonasson
Palm Springs Condo- Need to Get Creative
22 May 2016 | 9 replies
Short sale to an investor who can generate a nice ROI before it's done in 26 years4. 4-5 other investors who want to share the unit and these expenses for the next 26 years.Expenses:Mortgage: $1600HOA: $450 per mo- includes exterior landscaping and lighting, maintenance for 3 pools/spas, tennis courts, security gates, private streets, sidewalks)Land Lease: $170 per moThe HOA (Waverly Park) recently passed a ruling for no vacation rentals under 30 days, however, my attorney suggests that should only apply to new owners and not me as that was not the rule when I purchased.
Patrick Patel
How to Wholesale ?
17 May 2016 | 4 replies
I think the good wholesalers know how to generate a large volume of leads and are able to pick and choose the best ones to present to their investor relationships.
Kellan P.
Ontario - Phasing out natural gas for heating
24 May 2016 | 8 replies
Also I think the climate change argument is BS, we have Alberta oil companies using inefficient practices generating a lot more pollution.Also on global scale as much as we can possibly pollute is really nothing, we have such an extensive amount of vegetation our carbon footprint as a country is easily a positive one in relation to our relatively low population.
Craig Aucott
Complete Newbie from Manchester, UK
19 May 2016 | 11 replies
Deal sourcing and motivated seller lead generation could work if you can devote a little regular time to it.
Joseph Weisenbloom
Whats the strangest thing an underwriter has requestedof you?
23 May 2016 | 30 replies
There's not a day that goes by that I don't shake my head at some incredibly asinine thing a customer or banker tries to get away with.
Zach Fairfield
Would like to get connected
23 January 2018 | 3 replies
I'm educated and very intelligent and also have a knack for computers and customer relations.
Jeremy H.
how to get lease agreement drafted
18 May 2016 | 6 replies
If you want a custom lease instead of the standard C.A.R. one, I'd call around to different attorneys who specialize in working with landlords.
Tamara Taylor
203k nightmare - The work isn't done and we're over budget
10 October 2016 | 18 replies
If budget is really the main issue, it sounds like the 'easiest' thing is to come up with a side hustle that will generate the $3k for you.